Fox Business reported that market concerns won't affect the timing of Freeport McMoRan Copper & Gold Inc.'s (NYSE:FCX) Climax moly mine restart.
The Pueblo Chieftain reported that Freeport McMoRan's (PINK:FCXGO) Climax moly mine is close to reopening.
Wyoming Business Report reported that Thompson Creek Metals (NYSE:TC) will not be developing the Mount Emmons moly deposit in Colorado.
Canadian Business reported that Thompson Creek (NYSE:TC) will not buy a stake in US Energy's moly deposit in Colorado.
The Financial Post reported that General Moly Corp. (TSE:GMO) announced the date and time of its annual stockholder meeting to be held on June 16 in Golden, Colorado.
The Kitsault Molybdenum Mine - owned 100% by Avanti Kitsault Mine Ltd (CVE:AVT), is a former producing mine (total production during two prior periods was approximately 30 million pounds of moly) and is considered one of the top-five undeveloped primary molybdenum assets worldwide.
The Dow commenced the month with a strong gain, inspired by upbeat economic reports and undeterred by General Motors’ Chapter 11 filing. In Colorado, General Moly Inc. led actively traded gainers. For full story, click here
Wednesday, October 19, 2011